โœ๏ธTransfer Reward Function (TRF) Example

An example of a payout table generated by the Transfer Reward Function.

This is a sample example of the TRF in action and how the rewards and expected outcomes change.

High to average transaction fee chain and protocols:

As an example Fluidity provides the following numbers for a $50M reward pool with 80,000 daily fluid transactions, an average gas fee of $3 and six tiers of rewards:

Note: the sending party receives 80% and the receiving party receives 20% of the rewards.

As can be seen in the example above, over half of all transactions receive 60 cents up to $1.70, one in every 650 transactions receives $180, and four times a year users can receive $1.8M!

If you pay a higher gas fee, you will have a higher expected outcome of winning a larger prize, although this caps at the APY %, so paying an extremely large gas fee does not guarantee a 100% win chance.

Low transaction fee chain and operating protocols on top:

What if you were to use a chain that had low transaction fees?

Every event where you send a transaction and there is a difference between senders and receivers in the transaction run all counts in theory as a transaction fee. Let's use Solana as an example.

Setting similar parameters as the previous example with some modifications:

  • $50M in the reward pool

  • 80K daily fluid TXs

  • Solana Gas Fee: $0.00025.\

  • Saber $1000 Swap

    • Solana Gas Fee: $0.00025 + 0.3% Saber fee = $3 fee.

  • Solanart $100 NFT Purchase

    • Solana Gas Fee: $0.00025 + 3% Solanart fee = $3 fee.

If you were to do a transaction on top of these protocols will get a similar transaction probability reward metric as above.

So in essence, by doing a Saber trade or purchasing an NFT on Solanart, a user has the same probability of being rewarded millions through Fluid Assets as they do on high gas chains.

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